Tagged: flexible payments

BNPL Usage May Increase with “Reasonable” Repayment Terms, Study Finds

It’s been several years since financial services upstarts reimagined buy now pay later (BNPL) as a point-of-sale (POS) payment method. Since then, this once-obscure way of transacting has “been placed front and center at the checkout by merchants worldwide, and 28% of U.S. consumers now… Read More

Open Banking Adoption: Mastercard Teams Up with Fintechs to Enable More Payment Options, Streamline Consumer Lending

Mastercard (NYSE: MA) is partnering with players across the ecosystem, including Worldpay from FIS, the merchant solutions business of global financial services technology provider FIS, and Zip, a buy now, pay later firm, “to scale new open banking-powered solutions that enable more payment choice, empower… Read More

BNPL: Marqeta, Scalapay to Deliver Buy Now Pay Later Services Across Europe

Marqeta (NASDAQ: MQ), the global modern card issuing platform enabling some of the world’s most innovative embedded finance solutions, today announced a new partnership with Scalapay, Southern Europe’s BNPL provider, “to leverage Marqeta’s platform to issue cards both online and in-store.” Marqeta and Scalapay have… Read More

UK Fintech Modulr, Hastee to Help Provide Workers Early Access to Part of Earned Pay

Hastee claims that it is disrupting a rigid monthly pay cycle that’s no longer “fit for purpose” by giving employees early access to part of their earned pay. This ensures employees can cove themselves “for financial emergencies without the risk of borrowing funds they may… Read More

Fintech Klarna Introduces “Conscious” Shopping Tools

Klarna, the AI powered global payments network, announced the launch of several new products and services aimed to promote circularity and encourage smart shopping. With these updates, Klarna continues to evolve beyond payments “to become a starting point for every purchase for 150 million consumers… Read More

Vishal Kapoor of Affirm: Fintech Executive Shares Insights on Stricter Regulation of BNPL Sector

We recently sat down with Vishal Kapoor, Head of Product at Affirm (NASDAQ: AFRM), a payment network that helps millions of consumers spend and save “responsibly” and empowers hundreds of thousands of businesses with the tools to fuel growth. In his role, Vishal leads the… Read More

UK Firms May Offer Flexible Payment Option via iwoca’s B2B Payments Solution iwocaPay

Businesses in the UK can now give their trade customers up to 12 months to pay for products or services, with a new feature of iwoca‘s integrated B2B payments solution iwocaPay. Building on a 3 month offering, iwocaPay has now “added a second option allowing… Read More

Episode Six Introduces Business Now, Pay Later Enabling B2B Installment Options for SMEs

Episode Six (E6), a global provider of enterprise-grade payment processing and ledger infrastructure, announced the launch of Business Now, Pay Later. This solution enables commercial banks “to capture new revenue streams by meeting the working capital needs of small and medium-sized enterprises (SMEs) through tailored… Read More

BNPL Provider Affirm, Booking.com to Offer Travelers Increased Flexible Payment Options

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, today announced a partnership with Booking.com, one of the world’s online travel platforms, “to offer flexible payment options for travel bookings.” Through this partnership, Affirm is available “at checkout across several… Read More

Fintech Koverly Introduces BNPL Service Enabling Businesses to Defer FX Payments for 30 Days

On track to lend $70 million in the next 12 months, global fintech startup Koverly introduces a B2B buy now, pay later platform “with a 30-day, no cost period for foreign exchange payments; company also announces seed funding.” Koverly, a global B2B payments solution “providing… Read More

Most US Consumers Believe Credit Cards Make It Challenging to Manage Finances, Affirm Report Claims

As Americans face record-high credit card debt and fees, nearly three in four (73%) say credit cards make it challenging to manage their finances, according to a new survey conducted by OnePoll and commissioned by Affirm (NASDAQ: AFRM) the payment network that empowers consumers and… Read More

Turkish Fintech Param Accelerates European Expansion with Twisto Acquisition

Param, which claims to be Turkey’s biggest FinTech, is entering the European market with the acquisition of leading CEE Buy Now, Pay Later (BNPL) provider Twisto. Setting the scene for wider global expansion, Param is “introducing its technology and integrated embedded finance products and services… Read More

BNPL: Flynas, Fintech Tabby to Help Clients Pay Travel Tickets with Manageable Monthly Payments

flynas, the Saudi air carrier and the leading low-cost airline in the Middle East and the world, and Tabby, the MENA region’s shopping and financial services app, have announced a partnership “to provide travelers with flexible payment solutions, allowing flynas’ customers to pay for their… Read More

BNPL: Poshmark, a Social Marketplace, Integrates Affirm’s Adaptive Checkout

Poshmark claims it is a “leading” social marketplace for new and secondhand style for women, men, kids, pets, home, and more. Poshmark says that it “prioritizes a best-in-class buying experience that is smooth and stress-free for their customers, making Affirm’s Adaptive Checkout — which delivers… Read More

BNPL Fintech Klarna Teams Up with UK Luxury Store Liberty to Offer Payment Flexibility

Klarna, the AI powered global payments network and shopping destination, has today announced its partnership with iconic British department store Liberty, “with its flexible and interest-free payment options now available online.” The partnership will aim to “help Liberty’s customers save time and money and worry… Read More

BNPL: Microsoft Extends Partnership with PayPal to Provide Flexible Payment Options

PayPal Holdings, Inc. (NASDAQ: PYPL) and Microsoft Corp. (Nasdaq: MSFT), recently announced Microsoft’s integration of PayPal’s Pay Later solution in the U.S., U.K., Australia, Germany, France, Spain, and Italy. In addition, customers in the U.S. will soon “have the option to pay with Venmo in… Read More

Digital Payments: AsiaPay, PayMe by HSBC to Address Merchants’ Business Requirements

A provider of digital payment solutions in the Asia Pacific, AsiaPay has announced the partnership with PayMe by HSBC in Hong Kong “to help local merchants provide more flexible payment options in a single device and enhance the purchase experience for consumers.” The partnership will… Read More

Fintech MoMo Offers Flexible Payment Options for Apple Store Online Purchases in Vietnam

MoMo, which claims to be one of Vietnam’s leading fintech companies, recently announced that it now offers customers of Vietnam’s Apple Store Online flexible payment options, “with the launch of monthly Instalments for Apple Store Online.” With this new feature, Vietnamese customers will “have the… Read More

Fintech Firm Klarna, Airbnb Offer Flexible Payments for Guests

Klarna, the AI powered global payments network and shopping destination, has joined forces with Airbnb in a “first-of-its-kind” partnership to provide guests in the US and Canada with flexible payment options when booking their next stay. With Klarna’s seamless, sustainable and flexible payment solutions, “booking… Read More

BNPL: Fintech Splitit and APPS to Simplify ISO & ISV Installment Payments

Splitit (ASX:SPT), the white-label service allowing customers to pay by installments using their existing credit on their payment card, and Atlantic-Pacific Processing Systems NV, Corp. (APPS), a North American payment solutions provider, announced they have partnered to deliver an integrated card-based installment payments solution. The… Read More

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